nce minister. He does not usually attend NEC (Shanghai: 601611.SS – news) meetings.
During Buhari’s seven-week absence, when Osinbajo was acting president, the central bank devalued the naira for retail customers after the NEC called for an urgent review of the bank’s foreign exchange policy.
Buhari has consistently opposed devaluing the naira since taking office in May 2015.
Journalists were asked to leave before Buhari spoke.
(Reporting by Felix Onuah; Writing by Alexis Akwagyiram; Editing by Alexander Smith)